Beijer Ref acquires GFOI on Réunion Island to expand southern hemisphere presence

Refrigeration wholesaler Beijer Ref made a further acquisition of GFOI (a company on Réunion Island, sales ~€5.46m), part of its expansion strategy outside Europe; GFOI will be integrated as a branch of Beijer Ref's French wholesaler GFF.

“”The acquisition is a step forward in our expansion strategy outside Europe. It strengthens our position in the southern hemisphere where, following the acquisition, we will achieve sales of more than SEK700m \[€76m\] via our operation in southern Africa”, said Beijer Ref ceo Per Bertland.”

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